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EQUITY AND MEZZANINE EQUITY (Tables) | 9 Months Ended
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Sep. 30, 2025
Equity [Abstract] |
Schedule of Number of Shares of Common Stock and Number of Partnership Common Units Not Owned | An update on the number of shares of common stock follows for the period from December 31, 2024 to September 30, 2025:
|  | Shares of Common Stock
Shares, December 31, 2024 |  | 10,659,220 |
Conversion of Class B Common Stock and Partnership Common Units |  | 946,541 |
Shares issued for SMLP LTIP, net |  | 193,928 |
Moonrise Acquisition |  | 462,265 |
Shares, September 30, 2025 |  | 12,261,954 |
An update on the number of Partnership Common Units not owned by the Company follows for the period from December 31, 2024 to September 30, 2025.
| Partnership Common Units
Units, December 31, 2024 | 7,471,008 |
Conversion of Partnership Common Units | (946,541) |
Units, September 30, 2025 | 6,524,467 |
Schedule of Stock by Class | An update on the number of shares of Class B Common Stock follows for the period from December 31, 2024 to September 30, 2025.
| Shares of Class B Common Stock
Shares, December 31, 2024 | 7,471,008 |
Conversion of Class B Common Stock | (946,541) |
Shares, September 30, 2025 | 6,524,467 |
Schedule of Change in Subsidiary | The following table shows the change in the Company’s Subsidiary Series A Preferred Unit balance from December 31, 2024 to September 30, 2025, net of $0.7 million and $1.1 million of unamortized issuance costs as of September 30, 2025 and December 31, 2024, respectively:
| (In thousands)
Balance, December 31, 2024 | $ | 132,946 |
Redemption accretion, net of issuance cost amortization | 11,040 |
Cash distribution (includes a $1.6 million distribution payable as of September 30, 2025) | (4,885) |
Balance, September 30, 2025 | $ | 139,101 |
Schedule of Noncontrolling Interest | The following table shows the changes in noncontrolling interest during the periods presented:
|  | Noncontrolling Interest
|  | (In thousands)
Balance, December 31, 2024 |  | $ | 497,333 |
Net loss |  | (4,525) |
Equity shift - Change in Ownership of Consolidated Subsidiary |  | (86,729) |
Balance as of September 30, 2025 |  | $ | 406,079 |

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